Your LGPS benefits

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You can look forward to enjoying a guaranteed package of benefits when you retire.
 
Your LGPS benefits are made up of:
 
  • An annual pension that, after leaving, increases every year in line with the cost of living for the rest of your life, and
  
  • The option to exchange part of your pension for a tax-free lump sum paid when you draw your pension benefits.
 
If you joined the Scheme before 1 April 2014, you will also have built up benefits in the final salary scheme.